524 Valparaiso Pkwy APT BValparaisoFL32580
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Valparaiso at 524 Valparaiso Pkwy APT B, Valparaiso, FL, 32580 priced at $249,000 converts $2,220/mo rent into $567/mo cash flow after a $1,219/mo obligation. Total monthly income equals $2,220/mo, and annual cash flow totals $6,808/yr on $82,544 invested. Return on cash invested prints 28.16% in year one, and rental yield reads 10.7% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 147.7% and total cumulative return in cash sums $121,916. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,220/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Townhouse
Built in 2006
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32580, Valparaiso, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,275 (63.5%) |
| Renter Occupied HU | 603 (30.0%) |
| Vacant Housing Units | 131 ( 6.5%) |
| Median Home Value | $402,423 |
| Average Home Value | $495,335 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,974
Multi-Family
16
Businesses
227
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Listed by: Tracy Jennette • Coldwell Banker Realty
Mls Name: ECAOR
Mls ID: #989540